92 Resources (CVE:NTY) Stock Passes Below Fifty Day Moving Average – Time to Sell?

92 Resources Corp (CVE:NTYGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.02 and traded as low as C$0.01. 92 Resources shares last traded at C$0.02, with a volume of 2,834,200 shares.

92 Resources Stock Performance

The company has a market capitalization of C$133,500.00 and a price-to-earnings ratio of -0.12. The stock’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.01. The company has a current ratio of 2.51, a quick ratio of 2.29 and a debt-to-equity ratio of 1.73.

92 Resources Company Profile

(Get Free Report)

92 Resources Corp., an energy solution company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company has an option agreement to acquire 100% interests in Pontax Lithium property consisting of 104 mineral claims covering an area of approximately 5,536 hectares near Eastmain, Quebec.

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